Gross National Income — Value US$, annual growth rate in Small island developing states (SIDS)

Small island developing states (SIDS): Gross National Income — Value US$, annual growth rate was 9.71 % change on previous year in 2023. ◆ Volatile

Latest (2023)
9.71 % change on previous year
Change on year
down 21.1%
Rank
6th
of 30 groups
All-time high
20.31 % change on previous year
in 1973
All-time low
-7.23 % change on previous year
in 2020
Years of data
53
1971–2023

Gross National Income — Value US$, annual growth rate in Small island developing states (SIDS), 1971–2023

-1001020197119972023

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Small island developing states (SIDS) recorded 9.71 % change on previous year for gross national income — value us$, annual growth rate in 2023.

Compared with earlier readings it is down 21.1% on the previous year and up 200.2% over ten years.

Over the whole period, gross national income — value us$, annual growth rate in Small island developing states (SIDS) peaked at 20.31 % change on previous year in 1973 and was at its lowest, -7.23 % change on previous year, in 2020.

Small island developing states (SIDS) ranks 6th of 30 groups on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Gross National Income — Value US$, annual growth rate in Small island developing states (SIDS), year by year

Annual values for Gross National Income — Value US$, annual growth rate in Small island developing states (SIDS), 1971 to 2023.
Year % change on previous year Change
1971 14.68 % change on previous year
1972 16.6 % change on previous year +13.1%
1973 20.31 % change on previous year +22.4%
1974 18.58 % change on previous year -8.5%
1975 14.08 % change on previous year -24.2%
1976 5.46 % change on previous year -61.2%
1977 8.92 % change on previous year +63.3%
1978 14.22 % change on previous year +59.4%
1979 13.34 % change on previous year -6.1%
1980 12.19 % change on previous year -8.7%
1981 7.79 % change on previous year -36.1%
1982 5.92 % change on previous year -24.1%
1983 5.46 % change on previous year -7.6%
1984 5.99 % change on previous year +9.7%
1985 -6.87 % change on previous year -214.7%
1986 5.58 % change on previous year -181.2%
1987 6.34 % change on previous year +13.6%
1988 11.04 % change on previous year +74.2%
1989 7.92 % change on previous year -28.2%
1990 12.2 % change on previous year +54.1%
1991 3.12 % change on previous year -74.4%
1992 6.31 % change on previous year +102.2%
1993 8.05 % change on previous year +27.6%
1994 16.35 % change on previous year +103.0%
1995 12.64 % change on previous year -22.7%
1996 4.64 % change on previous year -63.3%
1997 5.44 % change on previous year +17.2%
1998 -3.63 % change on previous year -166.8%
1999 3.94 % change on previous year -208.6%
2000 7.21 % change on previous year +82.9%
2001 -0.1318 % change on previous year -101.8%
2002 3.42 % change on previous year -2698.6%
2003 4.18 % change on previous year +21.9%
2004 10.07 % change on previous year +141.2%
2005 14.51 % change on previous year +44.1%
2006 13.95 % change on previous year -3.9%
2007 15.19 % change on previous year +8.9%
2008 7.98 % change on previous year -47.5%
2009 -3.16 % change on previous year -139.6%
2010 14.9 % change on previous year -571.6%
2011 9.95 % change on previous year -33.2%
2012 4.51 % change on previous year -54.7%
2013 3.23 % change on previous year -28.3%
2014 4.09 % change on previous year +26.6%
2015 -1.82 % change on previous year -144.4%
2016 2.48 % change on previous year -236.2%
2017 5.5 % change on previous year +122.0%
2018 3.46 % change on previous year -37.0%
2019 1.8 % change on previous year -47.9%
2020 -7.23 % change on previous year -501.1%
2021 17.24 % change on previous year -338.3%
2022 12.3 % change on previous year -28.6%
2023 9.71 % change on previous year -21.1%

Biggest year-on-year movements

Years where Gross National Income — Value US$, annual growth rate in Small island developing states (SIDS) changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2002 +2698.6% -0.1318 % change on previous year 3.42 % change on previous year
2010 +571.6% -3.16 % change on previous year 14.9 % change on previous year
2020 -501.1% 1.8 % change on previous year -7.23 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 14.02 % change on previous year 5.46 % change on previous year 20.31 % change on previous year 9
1980s 6.14 % change on previous year -6.87 % change on previous year 12.19 % change on previous year 10
1990s 6.91 % change on previous year -3.63 % change on previous year 16.35 % change on previous year 10
2000s 7.32 % change on previous year -3.16 % change on previous year 15.19 % change on previous year 10
2010s 4.81 % change on previous year -1.82 % change on previous year 14.9 % change on previous year 10
2020s 8 % change on previous year -7.23 % change on previous year 17.24 % change on previous year 4

Countries ranked near Small island developing states (SIDS)

  1. 3 Ethiopia 34.55 % change on previous year compare
  2. 4 Sudan (former) 30.86 % change on previous year compare
  3. 5 Cook Islands 26.39 % change on previous year compare
  4. 6 Sao Tome and Principe 25.55 % change on previous year compare
  5. 7 Costa Rica 25.22 % change on previous year compare
  6. 8 Armenia 24.11 % change on previous year compare
  7. 9 Turkey 23.22 % change on previous year compare
  8. 9 Türkiye 23.22 % change on previous year compare

See the full ranking of 266 places →

More economy & growth data for Small island developing states (SIDS)

All data for Small island developing states (SIDS) →

Frequently asked questions

What is gross national income — value us$, annual growth rate in Small island developing states (SIDS)?
Gross national income — value us$, annual growth rate in Small island developing states (SIDS) was 9.71 % change on previous year in 2023, according to Statizoid (derived).
What is the highest gross national income — value us$, annual growth rate recorded in Small island developing states (SIDS)?
The highest recorded value was 20.31 % change on previous year in 1973.
What is the lowest gross national income — value us$, annual growth rate recorded in Small island developing states (SIDS)?
The lowest recorded value was -7.23 % change on previous year in 2020.
How does Small island developing states (SIDS) rank for gross national income — value us$, annual growth rate?
Small island developing states (SIDS) ranks 6th out of 30 groups with data for 2023.
Is gross national income — value us$, annual growth rate rising or falling in Small island developing states (SIDS)?
Over the last ten years it is up 200.2%. The long-run trend across the full record is volatile.
Where does this Small island developing states (SIDS) data come from?
The figures come from Statizoid (derived), published as part of Gross National Income — Value US$, annual growth rate. Statizoid updates them automatically from the source API.

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Gross National Income — Value US$, annual growth rate in Small island developing states (SIDS). Statizoid, drawing on Statizoid (derived). Retrieved 22 September 2026, from https://economy.statizoid.com/stat/gross-national-income-value-us-annual-growth-rate/small-island-developing-states-sids/

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How this figure is calculated

The year-on-year percentage change in Gross National Income — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Gross National Income — Value US$, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
266 places, 13,049 data points, 1971–2023
Last refreshed

The year-on-year percentage change in Gross National Income — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.